These are some of the most common questions we receive about Chapter 11 Subchapter V business bankruptcies. Because this process is designed for companies with significant debt and complex restructuring needs, not every situation is a fit. The answers below are intended to help you quickly determine whether Chapter 11 is the right path before moving forward.
Representative Chapter 11 Bankruptcy Cases
Examples of Chapter 11 cases involving businesses with significant debt, creditor pressure, and ongoing operations.
Schedule a Case EvaluationEvery business faces different financial challenges. The Chapter 11 cases featured here show the types of businesses and financial situations our firm handles, often involving significant debt, ongoing operations, and the need for a practical path toward financial reorganization.
Most cases include:
- $1M-$25M+ in total debt
- Active business operations or recent shutdown with restructuring potential
- Personal guarantees or secured creditor pressure
- The need for a confirmed plan, not just delay tactics
Chapter 11 Subchapter V Case Filings
The cases below reflect the types of businesses and financial situations we typically handle.
| Case Name | Industry | Total Debt | Confirmed Debt | Eliminated Debt | % Debt Eliminated | MCAs | SBA |
|---|---|---|---|---|---|---|---|
| Yippie Doodle Corporation | Restaurant Wholesaler | ||||||
| Impressions in Concrete, Inc. | Residential Construction and Remodel | $905,025 | 100.00% | Y | N | ||
| KR Medical Technologies, LLC | Medical/Dental | $617,846 | $155,074 | $462,772 | 74.90% | Y | N |
| Selim's Doener Kebap House LP | Restaurant | $418,852 | $114,812 | $304,040 | 72.59% | Y | N |
| L&M Retail Ventures, LLC | Liquor Store | ||||||
| Evosite, LLC | Manufacturing | $1,462,590 | $243,892 | $1,218,698 | 83.32% | N | Y |
| Craft Logistics, Inc. | Trucking | $1,291,060 | 100.00% | Y | N | ||
| Atlantic Worldwide Shipping, LLC | Logistics and Transportation | $2,096,987 | $830,685 | $1,266,302 | 60.39% | Y | Y |
| Hi Tork Power, Inc. | Generator Sales and Service | $843,061 | $186,174 | $656,887 | 77.92% | Y | Y |
| Freedom Sales & Service, LLC | Auto Maintenance | Y | |||||
| Deyo Transportation Services, LLC | Trucking | $523,346 | $96,107 | $427,239 | 81.64% | Y | N |
| House N Box Movers LLC | Moving Company | ||||||
| Bolt Diesel Services Inc. | Diesel Truck Repair | Y | Y | ||||
| Nexel Services, LLC | IT Service | $929,776 | $282,726 | $647,050 | 69.59% | Y | Y |
| DemRossi Enterprises, LLC | HVAC Sales and Service | Y | |||||
| Robert J Stroumpos DDS, PC | Medical/Dental | $701,878 | $426,791 | $275,087 | 39.19% | N | Y |
| Darian L Hampton DDS PA | Medical/Dental | $1,854,915 | $270,483 | $1,584,432 | 85.42% | Y | Y |
| GFS Industries, LLC | Commercial Cleaning | $1,553,148 | $1,078,854 | $474,294 | 30.54% | Y | N |
| HammerTown LLC | Residential Construction and Design | ||||||
| Texas Marine Supplies, LLC | Boating Supply Sales | $238,574 | $175,512 | $63,062 | 26.43% | Y | N |
| Triniti DME Solutions, LLC | Medical Equipment Sales | $1,257,210 | $639,365 | $617,845 | 49.14% | Y | N |
| ClearedDirect, LLC | Airport management | $959,128 | $794,549 | $164,579 | 17.16% | Y | Y |
| Echelon Construction and Maintenance LLC | Commercial Construction | ||||||
| Hayes Business Solutions, LLC | Telecommunications Provider | ||||||
| Wakasa LLC | Synthetic Turf Grass Sales and Installation | ||||||
| GreenWorks Service Company Inc. | Residential Pest Control | $972,220 | $452,986 | $519,234 | 53.41% | N | N |
| Velocious Delivery LLC | Delivery | ||||||
| AutoVocity Transport, LLC | Nationwide Auto Shipping | ||||||
| Backup Technology, LLC | Data Storage Sales | ||||||
| Cen Tex Superior Installation LLC | Residential Construction and Remodel | $478,571 | $93,053 | $385,518 | 80.56% | Y | N |
| Top Sports Production LLC | Printing and Signs | $990,491 | $33,267 | $957,224 | 96.64% | Y | N |
| DFW Granite & Glass Installation L.L.C. | Stone and Tile sales and Installation | $2,367,248 | $77,049 | $2,290,199 | 96.75% | N | Y |
| Early Bird Pediatric Therapy Clinic, Inc. | Medical Therapy | ||||||
| Talking Tadpoles, LLC | Medical Therapy | ||||||
| Justice Sand Co., Inc. | Gravel and Stone | ||||||
| Better Transport Services, LLC | Private Ambulance service | $389,218 | $100,907 | $288,311 | 74.07% | N | N |
| Trinity Family Practice & Urgent Care PLLC | Medical Urgent Care | ||||||
| Mrucker Industries, Inc. | Residential Construction and Remodel | ||||||
| Tech-Mar Enterprises LLC | IT Service | ||||||
| Good Hands Medical Transportation, LLC | Private Ambulance service | ||||||
| Kyodai Handroll & Seafood Bar LLC | Restaurant | ||||||
| Kyodai Sushi & Handroll Bar, LLC | Restaurant | ||||||
| Rakki LLC | Restaurant | ||||||
| Century Air Solutions, LLC | HVAC Sales and Service | $1,119,313 | $744,376 | $374,937 | 33.50% | N | Y |
| Watauga Family Dentistry, PLLC | Medical/Dental | $785,790 | $181,389 | $604,401 | 76.92% | N | Y |
| Fuji Japanese Steakhouse Asian Bistro Inc. | Restaurant | ||||||
| Mad Science Machining, LLC | Manufacturing | ||||||
| Quick Tube Systems, Inc. | Manufacturing | ||||||
| Lasseter Enterprises, Inc. | Retail | ||||||
| Westheimer Party Company, LLC | Retail | ||||||
| Window Systems of Texas, Inc. | Construction | ||||||
| Packet Construction LLC | Construction | ||||||
| Direct Textile Store, LLC | Retail | ||||||
| Gries & Associates, LLC | Professional Services Accounting | ||||||
| ESCEE Delivery LLC | Logistics and Transportation | ||||||
| Fredrick Lee Press Plumbing, LLC | Plumbing | ||||||
| Boone Built Solutions LLC | Construction | ||||||
| Dylan James Homes LLC | Construction | ||||||
| R.A.M. Advertizing Inc. | Car Rental | $317,204 | $156,599 | $160,605 | 50.63% | Y | Y |
| Myra Park 635, LLC | Real Estate Development | ||||||
| Walnut Hills-Greenville Ave, LLC | Hospital | ||||||
| Red Door Management, Inc. | Construction | ||||||
| AGM Ventures LLC | Retail | ||||||
| Pizza Pals LP | Restaurant | $3,114,707 | $461,706 | $2,653,001 | 85.18% | Y | Y |
| Pizza Pals of Lakewood, LLC | Restaurant | ||||||
| 2TG LLC | Retail | ||||||
| Armstrong Diamonds, LLC | Retail | ||||||
| Broken Arrow Constructions LLC | Construction | ||||||
| Brendan Gowing, Inc. | Wedding Venue | ||||||
| Achy Legs Clinics, LLC | Medical | ||||||
| Pulse Physician Organization, PLLC | Medical | ||||||
| DiFonzo Holdings, LLC | Retail Clothing | $8,392,278 | $2,239,728 | $6,152,550 | 73.31% | Y | N |
| Bex Aesthetix Boutique, Inc. | Aesthetician Spa | $849,952 | $157,111 | $692,841 | 81.52% | N | Y |
| Valiant Fitness LLC | Gym | $830,357 | $82,716 | $747,641 | 90.04% | N | N |
| ICM Holdings, LLC | Clothing Manufacturer | $1,436,061 | $278,324 | $1,157,737 | 80.62% | N | N |
| Abundant Life Chiropractic, P.A. | Medical Chiropractor | $1,560,814 | $103,076 | $1,457,738 | 93.40% | N | Y |
| Texas Solids Control Services, LLC | Oil & Gas Service | $2,231,130 | $1,117,310 | $1,113,820 | 49.92% | Y | N |
| ELL Real Estate Holding, LLC | Real Estate Holding Co. | ||||||
| Emily L. Longwith, DDS, MSD, PLLC | Medical/Dental | $887,421 | $345,064 | $542,357 | 61.12% | N | N |
| ILS Products, LLC | Lighting Sales and Installation | $1,365,595 | $218,523 | $1,147,072 | 84.00% | Y | Y |
| Carabobo Prosper Holdings | Mechanic Supplies Delivery Company | $2,698,167 | $719,682 | $1,978,485 | 73.33% | Y | N |
| Monte Johnston Building Contractor, LLC | Construction | $1,159,897 | $164,010 | $995,887 | 85.86% | Y | Y |
Who Chapter 11 Is Designed For
Chapter 11 is a restructuring tool designed for businesses that:
- Have meaningful debt obligations (typically seven figures or more)
- Need to restructure secured debt or lease obligations
- Are facing litigation, foreclosure, or collection pressure
- Have a viable path forward with the right restructuring strategy
Who Chapter 11 Is Not Designed For
Chapter 11 is generally not appropriate for:
- Small debts (e.g., under ~$250,000)
- Businesses without revenue or a path to profitability
- Situations involving only unsecured consumer-type debt
- Individuals seeking low-cost or quick discharge options
In those cases, other legal or financial solutions may be more appropriate.
Our Approach to Chapter 11 Engagements
We focus on cases where a structured reorganization can:
- Preserve enterprise value
- Address secured creditor positions
- Resolve personal guarantee exposure
- Lead to a confirmable plan
Engagements typically begin with a paid strategy session to evaluate viability and structure the case correctly from the outset.
FAQ Questions & Answers
Chapter 11 Subchapter V Bankruptcy FAQ
What types of businesses do you represent in Chapter 11?
We represent businesses with complex financial structures, typically involving secured debt, multiple creditors, and total obligations in the seven-figure range or higher. Most clients are operating businesses or recently shuttered companies with restructuring potential.
Is there a minimum debt level for Chapter 11 cases?
While there is no legal minimum, Chapter 11 Subchapter V is generally cost-effective only for businesses with substantial debt (often $1M or more), particularly when secured creditors or personal guarantees are involved.
Do you handle Subchapter V cases?
Yes. We regularly handle Subchapter V cases for qualifying small businesses, particularly where there is a need to restructure secured debt and maintain operations.
Can you help if my business is no longer operating?
In some cases, yes. For instance, if there is remaining asset value, litigation exposure, or personal guarantees that need to be addressed through a structured process. However, fully defunct businesses with minimal debt may not be suitable for Chapter 11.
What makes a Chapter 11 case viable?
Viability typically depends on a combination of factors, including debt structure, creditor pressure, available cash flow, and whether a confirmable plan can be developed.
Can Chapter 11 stop collections or lawsuits?
Yes. Filing a Chapter 11 case triggers the automatic stay, which generally halts collection activity, lawsuits, and foreclosure actions while the case is pending.
How long does a Chapter 11 case take?
Timelines vary, but many cases take several months to over a year depending on complexity, creditor negotiations, and plan confirmation requirements.
Subchapter V Small Business Bankruptcy
Subchapter V is a specialized form of Chapter 11 designed for small businesses that need to restructure debt efficiently while maintaining control of operations. It is often used in situations involving creditor pressure, secured debt, and the need for a confirmable reorganization plan.
Compared to a traditional Chapter 11, Subchapter V is intended to be more streamlined and cost-effective, with fewer procedural requirements and a faster path to plan confirmation. The goal is not simply relief, but a structured reorganization that allows a viable business to move forward.
Subchapter V was introduced under the Small Business Reorganization Act of 2019 to make Chapter 11 more accessible to qualifying businesses. Eligibility is based on total non-contingent, liquidated debt, which is currently subject to statutory limits and periodic adjustment.
What is Subchapter V Bankruptcy?
Subchapter V is part of Chapter 11 and provides a framework for restructuring both secured and unsecured debt through a court-approved plan. It is designed for businesses that have a realistic path forward but require legal protection and restructuring tools to address their financial obligations.
Not all businesses qualify, and not all situations are appropriate for Subchapter V. Factors such as debt structure, creditor composition, and operational viability all play a role in determining whether this approach is effective.
For a more detailed breakdown, see our article on Subchapter V business bankruptcy.
Who Subchapter V is for
Subchapter V is typically appropriate for businesses that:
- Have meaningful debt obligations (often in the seven-figure range or approaching statutory limits)
- Are dealing with secured creditors, liens, or active collection pressure
- Have ongoing operations or a realistic path to resuming operations
- Need to restructure debt through a court-approved plan, not simply delay payments
- May involve personal guarantees that need to be addressed as part of a broader strategy
These cases usually require careful planning, financial discipline, and a viable restructuring path.
Who Subchapter V is not for
Subchapter V is generally not the right solution for:
- Businesses with relatively small amounts of debt
- Companies with no revenue and no realistic path forward
- Situations involving only unsecured or consumer-type obligations
- Owners looking for a quick, low-cost exit without restructuring
- Matters where Chapter 7 or non-bankruptcy solutions are more appropriate
In these situations, other options may be more efficient and cost-effective.
What makes a business eligible for Subchapter V?
Eligibility is primarily based on the amount and nature of the business’s debt, along with operational factors. Debts must generally fall within statutory limits and be primarily business-related. Just as important, the business must be capable of proposing a workable reorganization plan.
How is Subchapter V different from a traditional Chapter 11?
Subchapter V is designed to be more streamlined. It typically involves fewer procedural requirements, no creditor committee in most cases, and a faster path to confirming a plan. However, it still requires a structured and viable reorganization strategy.
Do I have to keep operating my business to file Subchapter V?
In most cases, yes. Subchapter V is intended for businesses that are operating or have a clear path to resuming operations. If a business is fully defunct with no forward-looking plan, this approach may not be appropriate.
Can Subchapter V eliminate secured debt?
Subchapter V can restructure secured debt but not simply eliminate it outright. Outcomes depend on the value of collateral, the structure of the debt, and the terms of the reorganization plan.
What role do personal guarantees play in Subchapter V?
Personal guarantees are often a key factor. Subchapter V can provide a structured way to address those obligations as part of the overall reorganization, particularly when tied to business debt.
How long does a Subchapter V case take?
Many Subchapter V cases move more quickly than traditional Chapter 11 cases, but timelines still depend on the complexity of the debt structure, creditor negotiations, and plan feasibility.
Is Subchapter V a lower-cost option?
It is generally more cost-efficient than a traditional Chapter 11 due to its streamlined structure. However, it is still a formal legal process that requires planning, professional guidance, and a viable restructuring strategy.
How do I know if Subchapter V is the right option?
The best way to determine fit is through a structured evaluation of your business, debt, and objectives. If appropriate, this is done through a strategy session where the case framework is analyzed and developed.
Personal Bankruptcy
Does Business Bankruptcy Affect Personal Assets?
You may still be personally liable for business debts, even after your business's liability is resolved in business bankruptcy. If business debt is affecting your personal finances, personal bankruptcy may be an option. While it's never a decision to enter into lightly, The Lane Law Firm's bankruptcy attorneys can carefully assess your situation, and provide you with the solution that protects your interests.
We're Here for You
Ready For Bankruptcy Representation?
Business bankruptcy in Texas is complex and requires a deliberate, well-structured approach. Our firm focuses on Chapter 11 Subchapter V plans with significant debt, secured creditors, and ongoing restructuring needs. If you feel your situation may fit, schedule a case evaluation or leave us a message below.
